Zhunrize settle with SEC, fines incoming and a Receiver
We initially reported on the SEC shutdown of Zhunrize back in late September. Over the last few months the case has slowly progressed, culminating in a settlement agreement reached yesterday. For those...
View ArticleNetherlands shuts down PlanB4You Ponzi scheme
PlanB4You launched earlier this year and targeted Europeans. Soliciting 40 EUR investments from its affiliates, PlanB4You advertised an a 50 EUR ROI – dependent on new affiliate funds flowing into the...
View ArticleZeek Receiver to send out claim funds withheld for tax purposes
Back in October we covered an update from the Zeek Rewards Receivership regarding funds withheld for tax purposes. Shortly after the Receivership announced that victim checks would be going out on...
View ArticleBonanzaU Review: $1000 investment packages
There is no information on the BonanzaU website indicating who owns or runs the business. The BonanzaU website does have an “About Us” section, with vague marketing copy suggesting the company is...
View ArticleSannderly Rodrigues violating his TelexFree injunction?
Sannderly Vasconcelos Rodrigues (Sann Rodrigues for short), was one of the top investors in the billion dollar Ponzi scheme, TelexFree. For his part in stealing over three million dollars from...
View ArticleReach Society Review: Achieve Community with $600 ROI
There is no information on the Reach Society website indicating who owns or runs the business. The Reach Society website does have an “about us” page, but only the following vague marketing copy is...
View ArticleCycles 24/7 Review: $10 and $50 straight-line Ponzi cycler
The Cycles 24/7 website domain (“cycles247.com”) was registered on the 19th of November 2014, however the domain registration is set to private. Buried in the Cycles 24/7 FAQ is the claim that a...
View ArticlePreiscoin Review: Digital currency opp that lurks in the grey
There is no information on the Preiscoin website indicating who owns or runs the business. Using an annoying “infinite scroll” design template, the Preiscoin website only offers up that the company is...
View ArticleTalk Fusion terminate top ranked affiliates, lawsuit filed
Before we go any further, I’m just going to go ahead and say it: paid video communication services today are entirely redundant. I mean really, $125 plus $20 a month ($365 annually) for video email? Is...
View ArticleEzi Net Income Review: Dena Mullens’ dubious opp feeder
There’s no information on the Ezi Net Income website indicating who owns or runs the business. The Ezi Net Income website domain (“ezinetincome.com”) was registered on the 23rd of October 2014, and...
View ArticleMOBE Review: $30,000 marketing education?
MOBE, which stands for “My Online Business Empire, was founded in 2011 by Matt Lloyd (full name Matt Lloyd McPhee). Based out of Australia, Llloyd claims to have launched MOBE ‘after spending several...
View ArticleZeek Rewards Receiver sues top Australian net-winners
So far the court-appointed Zeek Receivership has sued the $850 million dollar Ponzi scheme’s top domestic (US) net-winners and their Canadian counterparts. Now, in a lawsuit filed on the 29th of...
View ArticleMPT Max Review: My Private Trade’s latest incarnation?
There is no information on the MPT Max website indicating who owns or runs the business. The MPT Max website does have an “about us” page, however only the following vague information is provided: MPT...
View ArticleGetEasy: We are first legal investment-based MLM company
Launched in the wake of the Ponzi schemes BBOM and TelexFree, GetEasy targeted investors from the same countries BBOM and TelexFree had previously flourished in. Having exhausted that market, the...
View ArticleIFC Group clarify GetEasy’s investment bank plans
IFC Group (International Finance Corporation Ltd.), not to be confused with legitimate companies bearing the same name, is an Israel-based partner in the global GetEasy Ponzi scheme. Instrumental in...
View ArticleCashFlowClicking Review: $10 “cashtap” investment positions
There is no information on the CashFlowClicking website indicating who owns or runs the business. The CashFlowClicking website domain (“cashflowclicking.com”) was registered on the 25th of November...
View ArticleAchieve Community in crisis. No processor, not compliant.
Despite previously claiming that their “new Payout Processor is Global Cash Card”, news today that Achieve Community is once again without a payment processor. When exactly Kristi Johnson was made...
View ArticleUnion Cycler Review: $2.50 a position 200% ROI micro Ponzi
There is no information on the Union Cycler website indicating who owns or runs the business. The Union Cycler website domain (“unioncycler.com”) was registered on the 10th of December 2014. Shannon...
View Article$669,000 in default judgements against Canadian net-winners
Last November saw the Receiver file a clawback lawsuit against twenty-five Canadian Zeek Rewards investors. Some have replied to the litigation filed against them, but a number of net-winners chose to...
View ArticleTotal Takeover Review: Two-tier recruitment commissions
Identified as a trio of “business partners” in a Total Takeover prelaunch marketing video are Dave Lear, Wallace Nuanez and Val Smyth. Total Takeover is currently in prelaunch (accepting free affiliate...
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